South Florida Market Stats
May 2020
Miami Single Family Homes | May 2020 | May 2019 | % Change Year-over-Year |
Closed Sales | 734 | 1,355 | -45.8% |
% Paid in Cash | 16.2% | 23.2% | -30.0% |
Median Sale Price | $375,714 | $360,000 | 4.4% |
Dollar Volume | $400,286,900 | $715,961,675 | -44.1% |
% of Original List Price Received |
96 | 95 | 1% |
Median Time to Contract | 44 | 59 | -25.4% |
Median Time to Sales | 90 | 107 | -15.9% |
Active Inventory | 5,665 | 6,759 | -16.2% |
Months Supply of Inventory | 5.4 | 6.3 | -14.3% |
Miami Townhomes & Condos | May 2020 | May 2019 | % Change Year-over-Year |
Closed Sales | 563 | 1,441 | -60.9% |
% Paid in Cash | 38.5% | 48.4% | -25.5% |
Median Sale Price | $260,000 | $243,000 | 7.0% |
Dollar Volume | $231,705,465 | $585,172,808 | -60.4% |
% of Original List Price Received |
93 | 93 | 0% |
Median Time to Contract | 60 | 78 | -23.1% |
Median Time to Sales | 109 | 118 | -7.6% |
Active Inventory | 14,705 | 15,893 | -7.5% |
Months Supply of Inventory | 13.8 | 14 | 0.7% |
Broward Single Family Homes | May 2020 | May 2019 | % Change Year-over-Year |
Closed Sales | 814 | 1,661 | -51.0% |
% Paid in Cash | 17.7% | 17.5% | 1.3% |
Median Sale Price | $372,500 | $370,000 | 0.7% |
Dollar Volume | $381,477,844 | $774,898,025 | -50.8% |
% of Original List Price Received |
96 | 96 | 0% |
Median Time to Contract | 33 | 43 | -23.3% |
Median Time to Sales | 76 | 84 | -9.5% |
Active Inventory | 4,762 | 5,835 | -18.4% |
Months Supply of Inventory | 3.9 | 4.4 | -11.4% |
Broward Townhomes & Condos | May 2020 | May 2019 | % Change Year-over-Year |
Closed Sales | 715 | 1,715 | -58.3% |
% Paid in Cash | 42.5% | 48.2% | -11.7% |
Median Sale Price | $175,000 | $180,000 | -2.8% |
Dollar Volume | $172,177,720 | $391,242,950 | -56.0% |
% of Original List Price Received |
94 | 94 | -0.2% |
Median Time to Contract | 49 | 59 | -16.9% |
Median Time to Sales | 92 | 99 | -7.1% |
Active Inventory | 8,234 | 8,310 | -0.9% |
Months Supply of Inventory | 6.5 | 5.9 | 10.2% |
Palm Beach Single Family Homes | May 2020 | May 2019 | % Change Year-over-Year |
Closed Sales | 991 | 1,870 | -47.01% |
% Paid in Cash | 31.8% | 33.6% | -5.4% |
Median Sale Price | $365,000 | $364,900 | 0.03% |
Dollar Volume | $649,850,232 | $1,106,619,250 | -41.3% |
% of Original List Price Received |
95 | 95 | 0% |
Median Time to Contract | 37 | 52 | -28.85% |
Median Time to Sales | 84 | 97 | -13.40% |
Active Inventory | 5,850 | 7,184 | -18.57% |
Months Supply of Inventory | 4.3 | 5.1 | -15.7% |
Palm Beach Townhomes & Condos |
May 2020 | May 2019 | % Change Year-over-Year |
Closed Sales | 597 | 1,453 | -58.9% |
% Paid in Cash | 53.3% | 57.8% | -7.9% |
Median Sale Price | $200,000 | $185,000 | 8.1% |
Dollar Volume | $205,307,106 | $412,503,794 | -50.2% |
% of Original List Price Received |
93 | 94 | -1% |
Median Time to Contract | 52 | 56 | -7.1% |
Median Time to Sales | 94 | 98 | -4.1% |
Active Inventory | 6,109 | 6,131 | -0.4% |
Months Supply of Inventory | 5.9 | 5.5 | 7.3% |
Martin Single Family Homes | May 2020 | May 2019 | % Change Year-over-Year |
Closed Sales | 133 | 266 | -50.0% |
% Paid in Cash | 30.1% | 40.2% | -25.2% |
Median Sale Price | $365,000 | $380,000 | -3.9% |
Dollar Volume | $69,260,415 | $126,670,264 | -45.3% |
% of Original List Price Received |
95 | 95 | 0% |
Median Time to Contract | 40 | 46 | -13.0% |
Median Time to Sales | 88 | 95 | -7.4% |
Active Inventory | 902 | 1,071 | -15.8% |
Months Supply of Inventory | 4.8 | 5.4 | -11.1% |
Martin Townhomes & Condos | May 2020 | May 2019 | % Change Year-over-Year |
Closed Sales | 71 | 115 | -38.3% |
% Paid in Cash | 67.6% | 59.1% | 14.3% |
Median Sale Price | $172,500 | $167,500 | 3.0% |
Dollar Volume | $18,655,747 | $24,000,040 | -22.3% |
% of Original List Price Received |
95 | 95 | 0.0% |
Median Time to Contract | 48 | 38 | 26.3% |
Median Time to Sales | 79 | 81 | -2.5% |
Active Inventory | 425 | 431 | -1.4% |
Months Supply of Inventory | 4.9 | 4.6 | 6.5% |
Saint Lucie Single Family Homes |
May 2020 | May 2019 | % Change Year-over-Year |
Closed Sales | 396 | 609 | -35.0% |
% Paid in Cash | 17.7% | 21.0% | -15.9% |
Median Sale Price | $236,500 | $234,000 | 1.1% |
Dollar Volume | $97,535,196 | $150,086,832 | -35.0% |
% of Original List Price Received |
97 | 97 | 0.9% |
Median Time to Contract | 38 | 45 | -15.6% |
Median Time to Sales | 89 | 92 | -3.3% |
Active Inventory | 1,571 | 1,942 | -19.1% |
Months Supply of Inventory | 3.3 | 4.3 | -23.3% |
Saint Lucie Townhomes & Condos |
May 2020 | May 2019 | % Change Year-over-Year |
Closed Sales | 63 | 107 | -41.1% |
% Paid in Cash | 46.0% | 55.1% | -16.5% |
Median Sale Price | $168,500 | $184,000 | -8.4% |
Dollar Volume | $13,420,197 | $22,930,742 | -41.5% |
% of Original List Price Received |
95 | 94 | 0.9% |
Median Time to Contract | 59 | 47 | 25.5% |
Median Time to Sales | 98 | 90 | 8.9% |
Active Inventory | 591 | 587 | 0.7% |
Months Supply of Inventory | 6.6 | 5.8 | 13.8% |
Summary Reports
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Miami-Dade County_Single Family Homes_2020-05_Summary
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Miami-Dade County_Townhouses and Condos_2020-05_Summary
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Broward County_Single Family Homes_2020-05_Summary
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Broward County_Townhouses and Condos_2020-05_Summary
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Palm Beach County_Single Family Homes_2020-05_Summary
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Palm Beach County_TownPalm Beach County_Townhouses and Condos_2020-05_Summary
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Martin County_Single Family Homes_2020-05_Summary
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Martin County_Townhouses and Condos_2020-05_Summary
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St. Lucie County_Single Family Homes_2020-05_Summary
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St. Lucie County_Townhouses and Condos_2020-05_Summary
Detailed Reports
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Miami-Dade County_Single Family Homes_2020-05_Detail
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Miami-Dade County_Townhouses and Condos_2020-05_Detail
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Broward County_Single Family Homes_2020-05_Detail
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Broward County_Townhouses and Condos_2020-05_Detail
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Palm Beach County_Single Family Homes_2020-05_Detail
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Palm Beach County_Townhouses and Condos_2020-05_Detail
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Martin County_Single Family Homes_2020-05_Detail
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Martin County_Townhouses and Condos_2020-05_Detail
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St. Lucie County_Single Family Homes_2020-05_Detail
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St. Lucie County_Townhouses and Condos_2020-05_Detail
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